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    75 Madison Ave Madison, ME 04950

    Sponsored
    For Sale
    $225,000

    MULTI_FAMILY - Colonial - Madison, ME

    Property size:
    2,564 SF
    Lot size:
    0.20 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 7 at 5:06 am

    Property Features for 75 Madison Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Bathroom 1, Basement, Bathroom 2
    Basement
    Unfinished, Partial
    Size
    2,564 SF
    Lot size
    0.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Laminate, Carpet
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Metal
    Architectural style
    Colonial

    Coldwell Banker Plourde Real Estate (207) 872-7650 [email protected]

    Listing agent Debra Higgins (207) 872-7650

    Listing date Dec 17, 2025

    MLS# 1646599 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Family Home with Barn

    This newly renovated two-unit multi-family home presents an investment or owner-occupied opportunity. Located in town, it is conveniently close to shops, dining, and local amenities. The property has been thoughtfully updated throughout, featuring bright living spaces and a functional layout. A spacious outdoor area provides space for entertaining and relaxing. There is ample parking available. The large barn offers the potential to add a third unit or create vehicle storage or a workshop. Water, sewer, and heat pipes are already run to the location for a studio apartment. The property is located in Madison, ME, and the lot size is 0.2 acres. The property size is 2564 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Somerset
    State
    Maine
    Longitude
    -69.881448
    Latitude
    44.801874

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    FAQs

    What type of property is this?
    Duplex - Updated two-unit property with barn, development potential, convenient location.
    Where is this duplex located?
    The property is located at 75 Madison Ave Madison, ME.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Newly renovated 2-unit multi-family home.; - Potential to add a 3rd unit in the **large barn**.; - In-town location close to shops, dining, and local amenities.
    (207) 660-4024
    Request Owner's contact information
    75 Madison Ave Madison, ME 04950
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    Madison, ME 04950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    75 Madison Ave Madison, ME 04950
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